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JPYUSD analysis 20.08.2020

The US dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness the resumption of its rebound from its high since July 23 for the fourth session in six sessions against the Japanese yen amid scarcity of economic data by the Japanese economy before …

GOLD Spot technical analysis 20.08.2020

The price of gold is correcting down for two reasons. Firstly, the asset is technically overbought, secondly, there’s an increase in demand for stocks with potentially bigger profits in the future. Expect that the gold to remain under $2,000 per ounce.

Technical side:

The price is below the …

EURJPY analysis 20.08.2020

The overall trend is upward. A descending truncated H2 level pattern has formed. Awesome Oscillator indicates a bullish divergence. The currency pair is trading in the range of 365 and 135 moving averages.

: monitor the price movement in real time.

Trading recommendations:

Buy when an …

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